Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
286,904 common shares (treasury shares)
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥62,545,072
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 286,904 common shares (treasury shares) |
| Issue price and disposal price | ¥218 per share |
| Total issue value | ¥62,545,072 |
| Amount of funds to be raised | Total payment amount: ¥62,545,072; estimated net proceeds: Not disclosed |
| Payment date | 19 August 2026 |
| Intended allottee | Name 5 directors of the Company (excluding outside directors) / Number of Shares 77,887 shares, Name 2 executive officers of the Company / Number of Shares 8,622 shares, Name 22 directors of the Company’s subsidiaries / Number of Shares 166,551 shares, Name 10 executive officers of the Company’s subsidiaries / Number of Shares 33,844 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, gifted inter vivos or otherwise disposed of, and must be held and maintained in a designated account until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 22 July 2026, the business day immediately preceding the date of the resolution on this allotment, was ¥218. The discount and premium rates were equivalent to 0% (the price was equal to the closing price). |
| Transfer restriction period | From 19 August 2026 until the later of the date on which the recipient resigns or retires as a director of the Company or the relevant subsidiary, or from any other position designated by the Company’s Board of Directors, and the date on which the annual securities report or other applicable filing for the fiscal year containing the payment date is submitted. |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds one of the positions of director, audit & supervisory board member, executive officer, or employee of the Company or a relevant subsidiary throughout the service provision period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. If the recipient resigns or retires for a legitimate reason or due to death, the restrictions will be partially lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If the recipient resigns or retires during the service provision period from all positions as director, audit & supervisory board member, executive officer, or employee of the Company or a relevant subsidiary without a legitimate reason. If any shares remain subject to transfer restrictions when the restrictions are scheduled to be lifted. If any shares remain subject to transfer restrictions after the restrictions are lifted due to a reorganization or other similar event. |
| Categories and Number of Persons Covered | 5 directors of the Company (excluding outside directors) — 77,887 shares; 2 executive officers of the Company — 8,622 shares; 22 directors of the Company’s subsidiaries — 166,551 shares; 10 executive officers of the Company’s subsidiaries — 33,844 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥62,545,072 (¥18,858,962 for the Company’s directors and executive officers, and ¥43,686,110 for the directors and executive officers of the relevant subsidiaries) |
| Procedures under the Corporate Code of Conduct | At the 18th Annual General Meeting of Shareholders held on 24 June 2026, approval was obtained for the restricted stock compensation plan and a compensation limit for the Company’s directors of no more than 280,000 shares per year and ¥70 million per year. |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial results is Not disclosed. |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To increase the recipients’ awareness of their participation in management through ownership of the Company’s shares, promote the sustainable enhancement of corporate value, and foster long-term value sharing with shareholders.